Tag Archives: comparisons

A while back, we added the ability to add comparison symbols to your price charts in Tradervue. So for example, if you wanted to plot the price of the instrument you’re trading, and the SPY on the same chart for comparison, you could do so.

Today, we’ve made it easier by adding the comparison symbol to your default chart settings:

From the Dashboard, click Settings, go to the Chart Settings tab, and you’ll be able to add a comparison symbol for any of your default configured charts.

We’ve just added the ability to directly compare winning trades to losing trades. This can really give you some insight into what’s happening with your trading. Take this specific example, based on real trading data. We’re looking at a month’s worth of intraday trades; the hour-of-day summary view on the “Detailed” tab of Reports looks like this:

If we look at the 3:00pm hour, we can see a fair number of trades, but generally to no avail – the average per-trade P&L for that period is very close to zero. However, we don’t know exactly why…perhaps our stops are too tight?

Now, let’s look at the hour-of-day data broken down by winning vs. losing trades report for the same set of trades:

The legend isn’t visible in the screenshot, but the blue trades are the winning trades and gold are the losing trades. Now we can see a little better what’s happening. Looking at the distribution on the left, two thirds of the trades we’re making in this time period are winning trades! The problem is, the average loss on the losing trades is almost double the average gain on the winning trades. Now we have some real insight into what is really happening, and we can consider whether to make changes.

The winning vs losing trades reporting is now an available option on the Compare reports tab, and are available now!

With this week’s release, Tradervue now supports adding studies and comparisons to the auto-generated price charts for silver and gold subscribers. If you normally use, say, an EMA(20) on the 5-minute chart when you’re trading, then you can see the same in your journal when you’re reviewing later.

Here are a few examples of the new studies in action:

The supported studies include:

Exponential Moving Average

Simple Moving Average

Bollinger Bands

Donchian Channels

Average True Range

MACD

RSI

Fast and Slow Stochastics

If there are studies you need, but they’re not on the list, let us know and we can likely get them added for you.

If you click the study icon above each chart (next to the zoom icon), you’ll see the study editor for that chart, where you can choose studies and edit parameters:

You can also set studies in your chart defaults, so all of your trades will start out with the same set of information. To do that, go to your account settings (either from the dashboard, or click your user name in the header), then click the Chart Settings tab:

You may have also noticed in the pictures above that comparison charts are also supported; if you want to see, for example, how SPY is moving compared to the stock you’re trading, you can do that:

The price for the comparison symbol is normalized to the symbol you’re comparing it to, so they will fit nicely on the same chart. You can use the comparisons with markets, sectors, other stocks/futures, or whatever you like!